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Here's Why You Should Retain YUM! Brands (YUM) Stock Now
ZACKS· 2024-06-05 14:05
Yum! Brands, Inc. (YUM) is likely to benefit from digital efforts, strong Taco Bell performance and menu innovation. Also, the focus on expansion initiatives bodes well. However, dismal comps, the Middle East conflict and high costs are a concern.Let us discuss the factors that highlight why investors should retain the stock for now.Factors Driving GrowthYum! Brands implemented various digital features in mobile and online platforms across all brand segments to enhance the guest experience. The company is a ...
PIZZA HUT ANNOUNCES KALEN THORNTON AS GLOBAL CHIEF BRAND OFFICER
Prnewswire· 2024-05-20 12:02
Melissa Friebe To Become Chief Marketing Officer, Pizza Hut U.S., from Taco BellPLANO, Texas, May 20, 2024 /PRNewswire/ -- Today, Pizza Hut announced two new executive marketing appointments. PIZZA HUT ANNOUNCES KALEN THORNTON AS GLOBAL CHIEF BRAND OFFICER. Melissa Friebe To Become Chief Marketing Officer, Pizza Hut U.S., from Taco Bell. Kalen Thornton will join the company as Global Chief Brand Officer reporting to Pizza Hut Division Chief Executive Officer, Aaron Powell, effective June 10. In this ro ...
Yum! Brands' (YUM) Pizza Hut Announces Latest Menu Offering
Zacks Investment Research· 2024-05-15 18:56
Pizza Hut, a reportable brand of Yum! Brands, Inc. (YUM) , announced its new take on menu offerings by introducing the Cheeseburger Melt.The management highlights the innovation behind the Cheeseburger Melt, which combines the elements of a cheeseburger into Pizza Hut's signature crust to create a unique and irresistible dining experience.The new Cheeseburger Melt comes with a Burger Sauce and features beef, applewood-smoked bacon, onions, mozzarella and cheddar. The folded parmesan-crusted thin crust Melt ...
PIZZA HUT® ENTERS THE BURGER BUSINESS WITH NEW CHEESEBURGER MELT
Prnewswire· 2024-05-14 11:02
Brand Encourages Burger Enthusiasts to 'Cheat On Their Cheeseburger' With Offer for Free Cheeseburger Melts & PEPSI® in the Drive-Thru of Select Burger Chains Across the U.S.PLANO, Texas, May 14, 2024 /PRNewswire/ -- Starting today, Pizza Hut is entering the burger business with a better way to burger. Introducing the new Cheeseburger Melt, a parmesan-crusted thin crust Melt folded and loaded with beef, applewood-smoked bacon, onions, mozzarella, and cheddar, served with Burger Sauce on the side. The savory ...
Yum!(YUM) - 2024 Q1 - Quarterly Report
2024-05-07 20:58
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _________________ Commission file number 1-13163 ________________________ YUM! BRANDS, INC. (Exact name of registrant as specified in its cha ...
KFC'S "REAL-TALK" MOTHER'S DAY MENU HELPS YOU FIND THE PERFECT MEAL FOR MOM
Prnewswire· 2024-05-06 13:00
Chrissy Teigen teams up with KFC to give moms what they really crave: peace, quiet, appreciation and a finger lickin' good meal for the whole familyLOUISVILLE, Ky., May 6, 2024 /PRNewswire/ -- KFC is introducing a "real-talk" Mother's Day menu to give mom what she really craves – peace, quiet, appreciation and a delicious meal for the whole family to enjoy. The digital menu features classic KFC family meals, renamed for a limited time to honor how moms really want to celebrate the holiday, including: "Give ...
Yum! Brands: Can Digital Strength Offset Same-Store Declines?
MarketBeat· 2024-05-02 11:14
Key PointsYum! Brands' Q1 2024 earnings fell below analyst expectations, with a decline in same-store sales impacting overall performance.The company's digital sales mix exceeded 50%, highlighting its successful transition to online and mobile ordering platforms.Despite short-term headwinds, Yum! Brands remains committed to its long-term growth strategy through global expansion, menu innovation, and digital investments.5 stocks we like better than Yum! BrandsYum! Brands, Inc. NYSE: YUM is a global powerhous ...
Yum! Brands Stock Price Slides as Sales at Pizza Hut and KFC Fall
Investopedia· 2024-05-01 17:46
Key TakeawaysYum! Brands shares fell after the fast-food restaurant operator reported earnings and revenue that came in short of analysts' expectations. U.S. revenue at KFC slumped 8% and was down 6% at Pizza Hut.Yum! Brands digital sales surpassed 50% for the first time ever. Yum! Brands (YUM) shares lost ground after the fast-food restaurant operator reported weaker-than expected earnings as sales fell at its KFC and Pizza Hut locations. The company reported first quarter adjusted earnings per share (EPS) ...
Yum Brands Q1 Earnings Show Digital Sales Surge Amid Broader Challenges
PYMNTS· 2024-05-01 17:09
Yum Brands, the company behind Pizza Hut, KFC and Taco Bell, reported mixed results in its Q1 earnings announcement Wednesday (May 1) with challenges evident in its traditional sales channels, but a significant milestone in its digital growth strategy.Despite a 3% decline in same-store sales worldwide, Yum Brands’ digital efforts reached new heights. The company reported that for the first time, digital transactions accounted for over 50% of its total sales, nearing $8 billion. The overall sales figures ref ...
Yum!(YUM) - 2024 Q1 - Earnings Call Transcript
2024-05-01 16:23
Yum! Brands, Inc. (NYSE:YUM) Q1 2024 Earnings Conference Call May 1, 2024 8:15 AM ET Company Participants Matt Morris - Head, Investor Relations David Gibbs - Chief Executive Officer Chris Turner - Chief Financial Officer Dave Russell - Senior Vice President and Corporate Controller Conference Call Participants Jon Tower - Citigroup Brian Bittner - Oppenheimer & Co David Palmer - Evercore ISI John Ivankoe - JPMorgan Brian Harbour - Morgan Stanley Dennis Geiger - UBS Sara Senatore - Bank of America David Tar ...